Word: droppings
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Dates: during 1950-1959
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...what made Tariki's global ambitions less of a threat to the oil companies than they might otherwise have been is the current, worldwide oil surplus, which caused crude prices to drop 18? a barrel in February (complains Tariki: "We lost $34 million and weren't even consulted"). Last week a high-powered Venezuelan deputation at Cairo urged the Arabs to join in limiting production to stabilize prices. But as always when Arabs get together, agreement was hard to come by. The Iraqis, feuding with Nasser, were not even present. And Iran, remembering how increased production by Arab...
U.S.C. Coach Jess Mortensen is still polishing Long's form. "We're hoping to get him a little lower over his right leg so he can be pushing on the shot a longer period of time. He also has a tendency to let the shot drop a little too low just before the throw." But he speaks of Long's ultimate capabilities with awe: "If I say 70 feet, people will think I'm crazy. But if I don't say it, this boy will probably...
...best that money can lure and scouting can turn up-men and women with missionary spirit, who are anxious to help improve life on the farms") to play hooky from the magazine's comfortable building in downtown Philadelphia and roam the country. Streeter himself still likes to drop in unannounced on a farmer, politely decline the invitation into the parlor, and spend hours in the kitchen talking crops...
...production, recovering all of its recession drop, is at a new high. The recovery has not only been faster than many an economist dared forecast a few months back, but has actually been faster than official figures showed. The Federal Reserve Board announced that overall industrial production in March rose to 147% of the 1947-49 average, a point more than the previous record of 146% in February 1957. The FRB also revised upward its February industrial output figure from 144%, as previously announced, to 145%. Most encouraging was the fact that the extra boost in production has come from...
...past decade Tabell has been pointing up. In 1948, when the Dow-Jones industrials were around 180 and Wall Street was expecting a drop, Tabell predicted an intermediate rise to 250, a rise to 450 by the mid-1950s. In the 1953 recession downturn, Tabell wrote that "this is the last buying opportunity" before a market rise that would "break through the 1929 top of 386 and carry to the 500-600 level by the late 1950s." In 1957 he predicted the market, then around 500, could work down to 430 (it hit 419.79). Later he noted, "The bull market...